Bundy Group, a 33-year-old, industry-focused investment bank, announces that it has advised Avanceon, a leading industrial automation systems integration firm, in a sale to VINCI Energies, an international operator of energy technology dedicated to accelerating energy transition and digital transformation. The transaction was led by Clint Bundy, Managing Director with Bundy Group.
Avanceon, founded in 1984, is a full-service industrial automation systems integrator with a diverse background in successful system implementation for a broad spectrum of industries. The firm employs a wide range of control, computing, network, and software technologies, which include project management, controls system design, system integration, and manufacturing IT services.
“For the past 38 years, Bob Zeigenfuse and his management team have built an outstanding organization, which has serviced clients across the globe, and the Bundy Group team was pleased to advise Avanceon in a sale,” said Clint Bundy. “Under the VINCI Energies umbrella, Avanceon will have the opportunity to further accelerate its growth and expand its proprietary technology offerings to an even broader geographic customer base.”
“I engaged Clint and the Bundy Group team because of our long-time relationship and their 15-year track record in the automation, system integration, and technology sectors,” said Bob Zeigenfuse, President and Owner of Avanceon. “Clint’s thoughtful, objective advice and knowledge of the automation M&A market were invaluable to me from the beginning of the process through to transaction close. I feel fortunate to have had the Bundy Group team as my investment banking advisor.”
Bundy Group has significant experience in the automation, technology, and business services sectors, and has previously advised clients including MR Systems, GrayMatter, Dorsett Controls, and Custom Controls Unlimited, among others. For more information about our industry expertise and other recent transactions, visit Controls & Automation - Bundy Group.
About Bundy Group
Bundy Group is an industry-focused investment bank that specializes in representing business owners and management teams in business sales, acquisitions, and capital raises. The team of highly experienced investment bankers leverages extensive industry knowledge and experience to provide hands-on guidance to clients through every phase of the transaction. With more than 250 closed deals over the past 33 years, Bundy Group’s primary goals are to provide high quality options and actionable insights and to deliver an optimal strategic fit at a premium value for our clients.
Bundy Group Securities, LLC, is a registered broker-dealer and member of FINRA and SIPC. Check the background of Bundy Group Securities, LLC at FINRA's BrokerCheck. Testimonials may not be representative of the experience of other customers and are no guarantee of future performance or success.
